401k | HRTechNews.com | From the intersection of tech and HR

Lawmakers try to ban 401(k) debit cards

August 25, 2008 by Sam Narisi

Most employers agree allowing employees to make easy withdrawals from 401(k) accounts is a bad idea. Soon, it might be illegal, too.

August 13, 2008 by Sam Narisi

Employees have always been able to borrow money from their 401k funds. But now for some, it’s as easy as going to an ATM machine.

See what readers are saying...

Jim R: Shelley B got it right when she said it "only serves the sender and leaves the recipient feeling isolated and distrustfu...

Rick: I think it's a crying shame to give American jobs to third world companies. What are we doing to the USA and to the peop...

Justin: Interesting, 70% of sabatoge cases are 'normal people', maybe we should hire criminals......

Laura Lee: It doesn't surprise me but after the city of New London took residents' homes by eminent domain for Pfizer under the pre...

Nathan: If I got fired I would tell anyone anything. I wouldn't sabotage anything either....

GoodBoy: Doesn't this voilate the intended use of H1B visas? Which were to my understanding, allow companies to fill jobs for sk...